6 Bluffside CtDurhamNC27712
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Durham at 6 Bluffside Ct, Durham, NC, 27712 priced at $400,000 converts $2,710/mo rent into $272/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,710/mo, and annual cash flow totals $3,264/yr on $132,600 invested. Return on cash invested prints 22.37% in year one, and rental yield reads 8.13% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 115.91% and total cumulative return in cash sums $153,700. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,710/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27712, Durham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,782 (100%) |
| Owner Occupied HU | 7,894 (89.9%) |
| Renter Occupied HU | 649 ( 7.4%) |
| Vacant Housing Units | 239 ( 2.7%) |
| Median Home Value | $418,705 |
| Average Home Value | $479,162 |
Housing Distribution
Address Breakdown
Residential
8,857
Single Family
8,770
Multi-Family
87
Businesses
122
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Nearby investment properties with comparable prices
Listed by: Matthew Dover • Redfin Corporation
Mls Name: Doorify MLS
Mls ID: #10122267